Reply to "PANTERA MARKET ?"

I first started seriously looking for a Pantera in 1999. At that time, I found price range to be about $20-30k. Sure, there were cars priced above and below but this seemed to be the trading range. I actually visited six cars in person, usually coordinated with business travel, before I bought a local (amazingly) car in 2000. In the lower end of that range I found decent drivers that were usually a little on the ratty side cosmetically. On the upper end, I found very good cars from very original to modified that needed little to nothing if you were satisfied with their presentation and how they were set up.

The car I bought was a very low mile 74 GTS in excellent condition. I paid $22.5k and based upon my year of patient searching, I viewed it as a car that was upper end of the quality range for lower end of price. –An easy decision especially considering it was only 60 miles from home and I didn’t need to incur either cost of a plane ticket or transportation of the car, I felt it was a greater deal yet.

Collector car prices today are somewhat depressed at the moment but it’s undoubtedly a temporary condition related to the broader economy.

For Panteras, it’s hard to say, because as noted, asking isn’t getting, but seems to me that the comparable trading range today is $30-$45k (maybe $50k tops?). If that’s so, Panteras have participated in collector car appreciation perhaps on the order of 50% over the last 8 years, no doubt somewhat more recently aided by the weak dollar as previously noted in this post.

So Panteras have appreciated but not to the extent of some of the other US muscle cars. I doubt they will see US Pony car appreciation because as Korina rightfully states, they just never had the following or notoriety, thus participate less in the collector car market run up.

None of this was a deterrent to me. It wasn’t an investment decision and I’m keeping it boys. -What a great car.

Kelly